MOU between Pakistan and Bangladesh to increase exports

Pakistani exporters signed memorandum of understandings (MOUs) with Bangladesh importers during Expo Pakistan in Karachi. The MoUs cover export of pedestal fans, kinnow and Basnati rice. According to details GFC Fans of Pakistan will export 150,000 fans to Bangladesh during FY 2013-14. This deal is worth US$5 million.

In another deal Roshan enterprise of Pakistan will export US$2 million worth of Kinnow to Bangladesh.

Bangladeshi businessmen attending the expo emphasized that Free Trade Agreement (FTA) should be signed between the two countries. They also requested governments of both countries to streamline the visa process to make it more convenient for business travelers.

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